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Could surge above $100 per barrel
- Brent crude, the global benchmark oil price, could surge above $100 per barrel for the first time since 2014, in the event of another cold winter, according to a note by Bank of America Friday. And tightness in the global natural gas market could put more upward pressure on crude as high natgas prices encourage switching to oil.
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Sep 29, 2023 · Brent crude, the international benchmark, will hit $100 a barrel in 2024, Goldman strategists said in a Tuesday note. That's largely because of a supply-demand imbalance in the oil market,...
- Oil prices just rose above $90 — here's how they could get to ...
Oil’s steady climb has prompted speculation that prices...
- JPMorgan’s energy guru warns oil prices are headed to $100 ...
Oil production cuts by Russia and the Organization of the...
- Oil prices just rose above $90 — here's how they could get to ...
Apr 5, 2024 · Oil’s steady climb has prompted speculation that prices could reach $100 per barrel should current market conditions persist. West Texas Intermediate (CL=F) futures were trading above $86...
- 2 min
- Ines Ferré
Oct 3, 2024 · A widening conflict in the Middle East and a surge in oil prices have triggered a rush into bullish bets tied to the commodity.
Jan 20, 2022 · Front-month global benchmark Brent crude hasn’t settled above $100 a barrel since September 2014, while U.S. benchmark West Texas Intermediate crude hasn’t traded at triple-digit...
Feb 9, 2021 · It is very probable that Brent crude oil price could surge to $100 a barrel by the second half of 2022 or early 2023.
Sep 22, 2023 · Oil production cuts by Russia and the Organization of the Petroleum Exporting Countries (OPEC) have helped push Brent crude prices up some 10% over the past month to roughly $93 per...
Oct 1, 2021 · Brent crude, the global benchmark oil price, could surge above $100 per barrel for the first time since 2014, in the event of another cold winter, according to a note by Bank of America...